Amazon Cancels Inventory Orders From China Following US Tariffs
In what is yet another part of the continued aftermath of US President Trump’s Liberation Day, Amazon has reportedly canceled some inventory orders from China following the country’s tariffs. Indeed, the e-commerce juggernaut is seeking to “reduce exposure to tariffs,” according to a Bloomberg report. The Trump administration imposed a 10% baseline tariff in its recent announcement last week. However, this contentious relationship with China and rising geopolitical tensions saw them increase those import duties to 104% this week as a trade war looks to be brewing. JUST IN: Amazon cancels inventory orders from China due to tariffs. — Watcher.Guru (@WatcherGuru) April 9, 2025 Also Read: European Union to Impose Up to 25% Tariffs on US Goods Amazon Cancels Chinese Orders as Trade War Heats Up It has certainly been a troublesome start to 2025 for the US economy. With returning President Donald Trump adopting an aggressive economic policy to balance trade, markets in...